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FEATURED EVENT
Practice and Purpose of Policy
A Training for Community Foundation Leaders
July 30 and August 6, 2024 | 1:00 p.m. - 5:00 p.m. ET
Virtual
Family Foundations
The Council on Foundations defines a family foundation as one whose funds are derived from members of a single family, though this is not a legal term and has no precise definition. The Council on Foundations suggests that family foundations have at least one family member serving as an officer or board member of the foundation and, as the donor, that individual (or a relative) must play a significant role in governing and/or managing the foundation. Most family foundations are run by family members who serve as trustees or directors on a voluntary basis. In many cases, second- and third-generation descendants of the original donors manage the foundation.
Family foundations make up over half of all private (family, corporate, independent, and operating) foundations, or 40,456 out of approximately 73,764 foundations (Foundation Center, 2011). Family foundations make up approximately one-third of the Council’s membership.
Family foundations range in asset size from a few hundred thousand dollars to more than $1 billion. The holdings of family foundations total approximately $294 billion, or about 44 percent of all foundation holdings of $662 billion. Despite this, three out of five family foundations hold assets of less than $1 million. Family foundations gave away approximately $21.3 billion in grants in 2011 (The Foundation Center, 2011).
Below is everything on our site for family foundations. Due to the large number of resources on our website, we highly recommend you use the site navigation or the search feature to find what you are looking for.
Washington Snapshot: BREAKING NEWS - House Unveils Long-Awaited Tax Reform Bill
In This Week's Edition of Snapshot
House GOP Leaders Release Tax Reform Bill
Treasury Assistant Secretary for Tax Policy Named Acting Commissioner of IRS
Congress Must Raise Debt Limit by January 2018
In the States: Locals Focus on Supporting Community Nonprofits and Volunteers, North Carolina…
Council on Foundations Statement on House Tax Reform Legislation
Today, the Council on Foundations released the following statement from President and CEO Vikki Spruill:
“For nearly 70 years, the Council on Foundations has worked to inspire and expand a culture of charitable giving and enhance philanthropy’s ability to contribute to vibrant, healthy and…
Measuring the State of Disaster Philanthropy 2017
Every year, billions of dollars are distributed in response to disasters and humanitarian crises. How much of this comes from foundations? What are other sources of funding? How much funding addresses long-term recovery and disaster risk reduction, in addition to emergency response and immediate…
Washington Snapshot: Release of Tax Reform Bill Imminent
In This Week's Edition of Snapshot
Tax Reform Update: House votes on key measure to advance tax reform; tax bill expected next week
IRS releases 2017-2018 Priority Guidance
In the States: Elected official fundraising for nonprofits under review in the states
News from the Hill
So, What's Up with…
Top Ten Insights for Foundation Investors in a Mature Market
Last week I had the honor of moderating a panel at the 2017 Council on Foundations Endowments & Finance Summit. In the session, “Foundation Investing in Mature Markets: Challenges and Rewards,” I was joined by three esteemed colleagues, representing foundations with over $3 billion in endowed…
Inclusive Economic Prosperity in the South
What is Philanthropy's Role in Economic Development?
To understand the role that philanthropy can play in inclusive economic prosperity, it helps to examine the landscape that contributes to a healthy economic ecosystem that is both equitable and innovative.
The Council on Foundations and our …
Efficient Impact Frontier
Members, View the Recording
Are you curious how to balance impact with risk and return? Join us for a conversation with Michael McCreless, Senior Director of Strategy & Impact at Root Capital, an agricultural impact investor that grows rural prosperity in environmentally vulnerable areas in…
The Success of the 2017 Endowments and Finance Summit
We just concluded the third Council on Foundations Endowments and Finance Summit, where more than 100 foundation CEOs, CFOs, CIOs, board members and other leaders met to consider the future of the philanthropic sector. Based on post-event buzz and input from participants, it seems to have been our…
Washington Snapshot: Senate Votes to Pass Budget, Brings Tax Reform a Step Closer
In This Week's Edition of Snapshot
Tax Reform Update: Senate to vote on legislation that would lay the path for tax reform
Repealing the Johnson Amendment Remains a Target
A reflection on executive and regulatory activity in the Trump Administration
In the States: Elected official fundraising…
Northern California Fires: Join Local Foundation Leaders and Experts for a First Hand Report
Join a webinar with leaders of the community foundations and disaster response experts to hear how they're doing, what they know so far, and what kind of support is most helpful at this stage of the emergency.
Speakers
Andrea Zussman (Moderator)
Manager, Regional Vibrancy and Sustainability, …
From Athletes to Role Models and Philanthropists
As the NFL season has officially kicked off, I am reminded of the positive ways that so many athletes are effecting change off the field.
Indeed, the area of sports philanthropy is becoming increasingly common.
At the Council on Foundations’ recent Leading Together conference, the growing trend…
Washington Snapshot - October 12, 2017
In This Week's Edition of Snapshot
Non-itemizers charitable deduction bill introduced in the House
Tax Reform Update: Congress makes progress on key budget milestones for passing tax reform
Top Ways & Means member raises UBIT at tax reform event
Democrats urge colleagues to maintain the…
Belonging: My Biggest Takeaway from Career Pathways
Editorial Note: David Daniels is one of 24 members of the 2017 cohort of Career Pathways. He and other Pathways participants have been sharing their experiences on the Council on Foundations blog. Applications for the Career Pathways program are currently being accepted until October 20.
For five…
Digital Divide: Public-Private Partnership for Funders
There is no way to achieve the American dream without being connected to the Internet.
In August, 30 communities were selected to participate in ConnectHomeUSA, an important program working in partnership with your city’s leadership and housing authority to help some of your community’s most…
Statement On Introduction of the Universal Charitable Giving Act of 2017
On October 11, 2017, the Council on Foundations released the following statement from President and CEO Vikki Spruill:
“Earlier this morning, the Council met with congressional staff to discuss the introduction of the Universal Charitable Giving Act of 2017(HR 3988). This proposal places the…
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